Friday, December 20th, 2013 at 5:52pm. 837 Views, 0 Comments.
Naples, Fla. (December 20, 2013) – Not since March 2009 has the overall median home price been above $225,000. According to a report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the overall median home price for November 2013 was $237,000. The Naples area housing market’s November 2013 Southwest Florida MLS statistics show a 19% increase in overall median closed price from $200,000 for the 12-months ending November 2012 to $237,000 for the 12-months ending November 2013. The report also shows overall pending sales for homes between $300,000 and $2 million increased by double digits, and a substantial increase in single-family home sales activity in the North…
Tuesday, November 26th, 2013 at 5:43am. 1,212 Views, 0 Comments.
1. NATIONAL HOUSING DATA IS MEASURED DIFFERENTLY. The S&P/Case-Shiller and the National Association of Realtors, two leading data indicies, differ in their approach to measuring housing data. Both organizations collect data every month, however, NAR bases its numbers on the prices of homes that sell each month, whereas S&P/Case Shiller measures how the prices change over a three-month average. This discrepency can lead to confusion as to whether the market is doing great, holding steady or heading toward a slow down.
2. NATIONAL STATISTICS ARE MEANT TO CREATE A BROADER PICTURE AND DO NOT NECESSARILY REFLECT WHAT'S GOING ON LOCALLY. National statistics should always be taken with a grain of salt, regardless how rosy or dire a portrait they paint. Daily…
Sunday, November 17th, 2013 at 10:54am. 384 Views, 0 Comments.
Saturday, November 16th, 2013 at 9:40am. 236 Views, 0 Comments.
NAPLES — The shelf-life of Collier County homes is shrinking fast.
Overall, days-on-the-market plunged by more than a third in October from a year earlier, said a report from the Naples Area Board of Realtors, released Friday.
The average days on the market for single-family listings fell to 106 from 174 last October, a decline of 39 percent.
Condominiums lasted only 113 days on the market before selling, a drop of 34 percent.
Naples real estate broker John Steinwand said the faster rate of sales is due to an extreme lack of inventory.
Read the FULL REPORT HERE.
Monday, November 4th, 2013 at 12:09pm. 144 Views, 0 Comments.
Saturday, October 5th, 2013 at 7:04am. 297 Views, 0 Comments.
Saturday, September 21st, 2013 at 8:36am. 781 Views, 0 Comments.
Naples, Fla. (September 20, 2013) – The Naples area real estate market continues to see its median home price shift upward for the 14th consecutive month according to a report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). The median home price has been on a steady incline from $175,000 in December 2011 to $229,000 in August 2013.
The Median Home Price is a mathematical result of home sale prices wherein one half of the group is higher and one half lower than the indicated median home price. (See Median Home Price chart, page 2 attached).
Home sales, particularly condo sales in the $1-2 million price category, have been quite impressive. Statistics show a 53
Friday, September 20th, 2013 at 5:50pm. 210 Views, 0 Comments.
Friday, September 13th, 2013 at 5:20pm. 252 Views, 0 Comments.
Mortgage Rates reflect 0 points*, a 60-day lock period and a 0.125% reduction with direct deposit from a J.P. Morgan Checking Account
APR means annual percentage rate
Note: rates are available for mortgages in excess of $10MM. Please call for a rate quote.
All loans 417k and under will include a 1 point (1%) fee.
Some other things to keep in mind regarding JPMorgan Chase Bank mortgages offered through this program:weekly mortgage rates from ch
- · There are no origination points or internal bank fees. You simply pay our "out-of-pocket" third-party costs, such as the cost of the appraisal, attorney fees, and title insurance. You have the option to pay points to lower the rate.
Tuesday, June 25th, 2013 at 7:47am. 601 Views, 0 Comments.
(From the Naples Daily News) Home prices nationwide are on a tear, and the Naples-Marco Island metro area is close to the front of the pack.
When it comes to year-over-year price increases, the Naples-Marco Island metro area is outpacing many major cities, whether or not you include distressed sales, defined as bank-owned transactions and short sales.
CoreLogic did not publish Lee County numbers.
According to a report issued Tuesday, by real estate data provider CoreLogic, Naples-Marco Island is beating such big cities as Washington, D.C., New York, Philadelphia and Chicago. Prices in other major metro areas such as Los Angeles, Phoenix, Atlanta and Riverside-San Bernardino-Ontario, Calif., are growing faster, however.
CoreLogic’s latest Home…